According to GlobalData, the value of the UK construction market is forecast to decline by 1.9% in real terms in 2024, having grown by 4.1% in 2023. A key growth market will be the infrastructure market, with output rising by 3.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five single-family housing construction projects that commenced in the UK in Q3 2024, according to GlobalData’s construction projects database.
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1. Lincoln Western Growth Corridor
The project involves the construction of a mixed-use community on 97ha of land in Lincoln, Lincolnshire, England.
Construction work started in Q3 2024 and is expected to be completed in Q4 2028.
The site stretches from the A46 bypass in the east to Tritton Road in the west and from Skellingthorpe road to the south to the railway and Fossdyke in the north.
2. Lotmead Farm Residential Community
The project involves the construction of two eastern villages, known as Lotmead and Lower Lotmead comprising 2,500 homes on 168.7ha of land in Wiltshire.
Construction work commenced in Q3 2024 and is expected to finish in Q3 2025.
The project is a part of ASL and Swindon and Wiltshire Councils to develop residential villages in order to develop Wiltshire County.
3. Nuneaton Housing Community
The project involves the construction of a residential community in Nuneaton, Warwickshire.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
The aim of the project is to provide better residential, new leisure, and education facilities for the community.
4. One Horton Heath Residential Community
The project involves the construction of a residential community comprising 3,000 homes on 125ha of land in Hampshire, England.
Construction work commenced in Q3 2024 and is expected to be completed in Q1 2028.
The project aims to provide better housing facilities in the region.
5. Gratham Road Residential Community
The project involves the construction of 280 residential homes on 11ha of land in Nottinghamshire the UK.
Construction work started in Q3 2024 and is expected to be completed in Q3 2026.
For more details on the latest construction projects, buy the profiles here.
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